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Wanda Group
WANDA GROUP (simplified Chinese : 万达集团; traditional Chinese : 萬達集團; pinyin : Wàndá Jítuán), or DALIAN WANDA (Chinese: 大连万达), is a Chinese multinational conglomerate corporation and the world's biggest private property developer and owner and the world's largest cinema chain operator, owning Wanda Cinemas and the Hoyts
Hoyts
Group , as well as a majority share of AMC Theatres
AMC Theatres
. The company operates in several major industries: commercial property, luxury hotels, culture, Internet, finance, tourism, and department stores. It was established in Dalian
Dalian
, Liaoning
Liaoning
and is now headquartered in Beijing
Beijing
. It ranked 380th on the Fortune Global 500 List in 2017. In 2016 its assets amounted to 796.2 billion yuan with operating revenue of 255 billion yuan
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Chinese Economic Reform
The CHINESE ECONOMIC REFORM (simplified Chinese : 改革开放; traditional Chinese : 改革開放; pinyin : Gǎigé kāifàng; literally: "REFORM AND OPENING-UP") refers to the program of economic reforms termed " Socialism with Chinese characteristics
Socialism with Chinese characteristics
" in the People\'s Republic of China
China
(PRC) that was started in December 1978 by reformists within the Communist Party of China
China
, led by Deng Xiaoping . China
China
had been one of the world's largest and most advanced economies prior to the nineteenth century. In the 18th century, Adam Smith claimed China
China
had long been one of the richest, that is, one of the most fertile, best cultivated, most industrious, most prosperous and most urbanized countries in the world
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Real Estate In China
REAL ESTATE IN CHINA is developed and managed by public , private , and state-owned red chip enterprises. In the years leading up to the 2008 financial crisis, the real estate sector in China
China
was growing so rapidly that the government implemented a series of policies - including raising the required downpayment for some property purchases, and five 2007 interest rate increases - due to concerns of overheating. But after the crisis hit, these policies were quickly eliminated, and in some cases tightened. Beijing
Beijing
also launched a massive stimulus package to boost growth, and much of the stimulus wound up flowing into the property market and driving prices upward, resulting in investors increasingly looking abroad. By late 2014, the IMF warned that a real estate oversupply problem had arisen that threatened to negatively impact the economy, particularly in 2nd and 3rd tier cities
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Evergrande Group
The EVERGRANDE GROUP or the EVERGRANDE REAL ESTATE GROUP (previously HENGDA GROUP) is China 's second-largest property developer by sales. It is based in southern China's Guangdong Province , and sells apartments mostly to upper and middle-income dwellers. The company is incorporated in the Cayman Islands. In 2017, Evergrande experienced a surge in its stocks, share price, profits and revenue, rising almost three to four folds. The positive outlook and results of the company propelled Hui Ka Yan to one of China's richest men, as well as one of the wealthiest people in Asia . CONTENTS * 1 History * 2 Operations * 3 See also * 4 References * 5 External links HISTORYFormerly called the Hengda Group, Evergrande was founded by Xu Jiayin in the southern Chinese city of Guangzhou in 1996. In October 2009 the company raised $722 million in an initial public offering on the Hong Kong Stock Exchange . The group bought football club Guangzhou Evergrande F.C
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Financial Times
The FINANCIAL TIMES (FT) is an English-language international daily newspaper with a special emphasis on business and economic news. The paper, published and owned by Nikkei Inc. in Tokyo
Tokyo
, was founded in 1888 by James Sheridan and Horatio Bottomley , and merged in 1945 with its closest rival, the Financial News (which had been founded in 1884). The Financial Times
Financial Times
has an average daily readership of 2.2 million people worldwide (PwC audited figures, November 2011). FT.com has 4.5 million registered users and over 285,000 digital subscribers, as well as 600,000 paying users. FT Chinese has more than 1.7 million registered users. The world editions of the Financial Times
Financial Times
newspaper had a combined average daily circulation of 234,193 copies (88,000 for the UK edition) in January 2014
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Fortune Global 500
The FORTUNE GLOBAL 500, also known as GLOBAL 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue . The list is compiled and published annually by Fortune magazine. CONTENTS* 1 Methodology * 1.1 Controversy * 2 Geographical distribution * 3 Fortune Global 500 list of year 2016 * 3.1 Breakdown by country * 4 See also * 5 References * 6 External links METHODOLOGYUntil 1989, it listed only non-US industrial corporations under the title "International 500" while the Fortune 500
Fortune 500
contained and still contains exclusively US corporations. In 1990, U.S. companies were added to compile a truly global list of top industrial corporations as ranked by sales. Since 1995, the list has had its current form, listing also top financial corporations and service providers by revenue
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Property Developer
REAL ESTATE DEVELOPMENT, or PROPERTY DEVELOPMENT, is a business process , encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. Real estate
Real estate
developers are the people and companies who coordinate all of these activities, converting ideas from paper to real property . Real estate development is different from construction , although many developers also manage the construction process. Developers buy land, finance real estate deals, build or have builders build projects, create, imagine, control and orchestrate the process of development from the beginning to end. Developers usually take the greatest risk in the creation or renovation of real estate—and receive the greatest rewards
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Traditional Chinese Characters
TRADITIONAL CHINESE CHARACTERS (traditional Chinese: 正體字/繁體字; simplified Chinese : 正体字/繁体字; Pinyin : Zhèngtǐzì/Fántĭzì) are Chinese characters
Chinese characters
in any character set that does not contain newly created characters or character substitutions performed after 1946. They are most commonly the characters in the standardized character sets of Taiwan
Taiwan
, of Hong Kong and Macau
Macau
or in the Kangxi Dictionary
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Hanyu Pinyin
HANYU PINYIN ROMANIZATION (simplified Chinese : 汉语拼音; traditional Chinese : 漢語拼音; literally: "Han Chinese spelling of sounds"), often abbreviated to PINYIN, is the official romanization system for Standard Chinese in mainland China
China
and to some extent in Taiwan
Taiwan
. It is often used to teach Standard (Mandarin) Chinese, which is normally written using Chinese characters . The system includes four diacritics denoting tones . Pinyin
Pinyin
without tone marks is used to spell Chinese names and words in languages written with the Latin alphabet , and also in certain computer input methods to enter Chinese characters. The pinyin system was developed in the 1950s by many linguists, including Zhou Youguang , based on earlier form romanizations of Chinese
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Pinyin
HANYU PINYIN ROMANIZATION (simplified Chinese : 汉语拼音; traditional Chinese : 漢語拼音; literally: "Han Chinese spelling of sounds"), often abbreviated to PINYIN, is the official romanization system for Standard Chinese
Standard Chinese
in mainland China
China
and to some extent in Taiwan
Taiwan
. It is often used to teach Standard (Mandarin) Chinese, which is normally written using Chinese characters
Chinese characters
. The system includes four diacritics denoting tones . Pinyin
Pinyin
without tone marks is used to spell Chinese names and words in languages written with the Latin alphabet , and also in certain computer input methods to enter Chinese characters. The pinyin system was developed in the 1950s by many linguists, including Zhou Youguang , based on earlier form romanizations of Chinese
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Multinational Corporation
A MULTINATIONAL CORPORATION (MNC) or WORLDWIDE ENTERPRISE is a corporate organization that owns or controls production of goods or services in two or more countries other than their home country. A multinational corporation can also be referred to as a MULTINATIONAL ENTERPRISE (MNE), a TRANSNATIONAL ENTERPRISE (TNE), a TRANSNATIONAL CORPORATION (TNC), an INTERNATIONAL CORPORATION, or a STATELESS CORPORATION. There are subtle but real differences between these three labels, as well as MULTINATIONAL CORPORATION and WORLDWIDE ENTERPRISE. Multinational corporations are criticized as being in lack of ethical standards , and that this shows up in how they evade ethical laws and leverage their own business agenda with capital, and even the military backing off their own wealthy host nation-states
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Baidu
BAIDU, INC. (Chinese : 百度; pinyin : Bǎidù, anglicized /ˈbaɪduː/ "BY-doo "), incorporated on 18 January 2000, is a Chinese web services company headquartered at the Baidu
Baidu
Campus in Beijing
Beijing
's Haidian District . Baidu
Baidu
offers many services, including a Chinese search engine for websites, audio files and images. Baidu
Baidu
offers 57 search and community services including Baidu Baike
Baidu Baike
(an online, collaboratively built encyclopedia ) and a searchable, keyword-based discussion forum. Baidu
Baidu
was established in 2000 by Robin Li and Eric Xu . Both of the co-founders are Chinese nationals who studied and worked overseas before returning to China
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ECommerce
E-COMMERCE is a transaction of buying or selling online. Electronic commerce draws on technologies such as mobile commerce , electronic funds transfer , supply chain management , Internet marketing , online transaction processing , electronic data interchange (EDI), inventory management systems , and automated data collection systems. Modern electronic commerce typically uses the World Wide Web for at least one part of the transaction's life cycle although it may also use other technologies such as e-mail
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Boris Johnson
ALEXANDER BORIS DE PFEFFEL JOHNSON PC MP (born 19 June 1964), known as BORIS JOHNSON, is a British politician, popular historian and journalist. He has served as Secretary of State for Foreign and Commonwealth Affairs since 2016 and as Member of Parliament (MP) for Uxbridge and South Ruislip since 2015. He had previously been MP for Henley from 2001 to 2008 and Mayor of London
Mayor of London
from 2008 to 2016. A member of the Conservative Party , Johnson identifies as a one-nation conservative and has been associated with both economically and socially liberal policies. Born in New York City
New York City
to wealthy upper-middle class English parents, Johnson was educated at the European School of Brussels
Brussels
, Ashdown House School , and Eton College
Eton College
. He studied Classics at Balliol College, Oxford , where he was elected president of the Oxford Union in 1986
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James Bond
The JAMES BOND series focuses on a fictional British Secret Service agent created in 1953 by writer Ian Fleming
Ian Fleming
, who featured him in twelve novels and two short-story collections. Since Fleming's death in 1964, eight other authors have written authorised Bond novels or novelizations: Kingsley Amis , Christopher Wood , John Gardner , Raymond Benson , Sebastian Faulks , Jeffery Deaver , William Boyd and Anthony Horowitz . The latest novel is Trigger Mortis by Anthony Horowitz, published in September 2015. Additionally Charlie Higson wrote a series on a young James Bond
James Bond
, and Kate Westbrook wrote three novels based on the diaries of a recurring series character , Moneypenny . The character has also been adapted for television, radio, comic strip, video games and film
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Sydney, Australia
SYDNEY (/ˈsɪdni/ ( listen )) is the state capital of New South Wales
Wales
and the most populous city in Australia
Australia
and Oceania
Oceania
. Located on Australia's east coast, the metropolis surrounds the world\'s largest natural harbour and sprawls about 70 km (43.5 mi) on its periphery towards the Blue Mountains to the west , Hawkesbury to the north and Macarthur to the south . Sydney
Sydney
is made up of 658 suburbs , 40 local government areas and 15 contiguous regions . Residents of the city are known as "Sydneysiders". As at June 2016 Sydney's estimated population was 5,029,768. The Sydney
Sydney
area has been inhabited by indigenous Australians for at least 30,000 years
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